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Foundering

Foundering

Bloomberg 187 Episodes May 7, 2026

Foundering is an award-winning serialized podcast produced by the journalists at Bloomberg Technology. Each season focuses on a different high-stakes drama within the technology industry, revealing how major companies wield unprecedented capital and power. Through investigative reporting and interviews, the show digs into corporate scandals, power struggles, and the broader consequences of tech dominance. It offers listeners a deeper look at the people and forces shaping the modern tech landscape.

Episodes

Bob Lee Part 5: Tech vs. San Francisco
Bob Lee Part 5: Tech vs. San Francisco May 7, 2026 2301 With Nima Momeni convicted of second degree murder, the media storm around Bob Lee faded. Reporter Shawn Wen tries to make sense of the widespread fascination with Lee’s death. She looks to the period before his death, when San Francisco was gripped by a bitter political fight over street crime, and to the years afterwards, when it emerged from the doom loop and into the AI boom. See om
Bob Lee Part 4: The Made-for-TV Murder Trial
Bob Lee Part 4: The Made-for-TV Murder Trial Apr 30, 2026 3008 Nima Momeni's trial for murdering Bob Lee began in October 2024. Lee's killing, no longer a stand-in for random street crime, no longer fit neatly into the political zeitgeist. Instead, the tabloids latched onto the story for its salacious mix of drugs, violence and sex. Reporter Shawn Wen brings listeners inside the made-for-TV murder trial, which also served as a referendum on San Francisco.&nbs
Bob Lee Part 3: The Brilliant Programmer and a Lot of Wild Living
Bob Lee Part 3: The Brilliant Programmer and a Lot of Wild Living Apr 23, 2026 2322 Weeks after his death, Bob Lee’s toxicology report was released, indicating that he had alcohol, cocaine, and ketamine in his system. While his killing no longer fit neatly with the San Francisco Doom Loop narrative, a new story emerged that Lee traveled through an underground party scene known as “the Lifestyle.” Lee was twisted into a symbol for a second time, now representing
Bob Lee Part 2: The Brother Did It
Bob Lee Part 2: The Brother Did It Apr 16, 2026 2860 Nine days after Bob Lee was found stabbed in San Francisco, police arrested Nima Momeni for his murder. Desperate to squash the ‘Doom Loop’ narrative, San Francisco officials insisted that Bob Lee was killed by someone he knew, a fellow tech executive. But the Cash App founder’s friends and family had never heard of Momeni. Reporter Shawn Wen tells the story of Momeni’s tee
Bob Lee Part 1: San Francisco Has Blood On Its Hands
Bob Lee Part 1: San Francisco Has Blood On Its Hands Apr 16, 2026 2234 Three years ago, Bob Lee, a tech executive famous for creating Cash App, was found stabbed in San Francisco. His killing set off a wave of online fury. Reporter Shawn Wen takes us back to the turbulent days before his killer was arrested, when misinformation and rumors ran rampant. Several tech industry leaders decried violent crime in San Francisco, including David Sacks, who “bet dollars t
Foundering: The Killing of Bob Lee (Trailer)
Foundering: The Killing of Bob Lee (Trailer) Apr 14, 2026 110 Three years ago, Bob Lee, a tech executive best known for creating Cash App, was found stabbed in the streets of San Francisco. His killing set off a wave of online fury. Rumors and misinformation ran rampant. Several tech industry leaders weighed in, including David Sacks, who “bet dollars to dimes” that Lee was stabbed by “a psychotic homeless person,” and Elon Musk, who
Preview: The Sixth Bureau, Episode 1
Preview: The Sixth Bureau, Episode 1 Feb 14, 2026 763 It’s an open secret that the Chinese government has engaged in a global campaign to acquire intellectual property from foreign rivals. At the center of that campaign is the Ministry of State Security, China’s elusive intelligence agency. The US has apprehended hundreds of people accused of giving information to the MSS, but the agency’s inner workings have been a mystery —
OpenAI Part 5: Beware the Ides of November
OpenAI Part 5: Beware the Ides of November Jun 27, 2024 2871 Right as Sam Altman was at the peak of his success, touring the world to espouse the virtues of AI, his board turned on him. Altman was unceremoniously fired. OpenAI’s coup is a story of secrets, betrayal, employee revolt and Altman’s expert political maneuvering to regain his position of power. In this episode, reporter Ellen Huet also examines Altman’s history of broken promises and alleged mani
OpenAI Part 4: Heaven and Hell, Part 2
OpenAI Part 4: Heaven and Hell, Part 2 Jun 20, 2024 1320 It’s widely predicted that AI will upend the economy and threaten many existing jobs. Sam Altman, in trying to stay ahead of public fears of mass unemployment, has offered universal basic income as a solution. He also has envisioned an AI future of abundance. In this episode, reporter Ellen Huet looks at Altman’s proposals for ending poverty and his current relationship with his sister, Annie Altm
OpenAI Part 3: Heaven and Hell, Part 1
OpenAI Part 3: Heaven and Hell, Part 1 Jun 13, 2024 1898 A group of high-level early employees who had glimpsed the fluidity and power of the technology behind ChatGPT left OpenAI to start a new company. Their exit sparked concerns that OpenAI is not prioritizing safety. Meanwhile, the success of ChatGPT drove a craze within the tech industry but also added fuel to existing apocalyptic fears. In this episode, reporter Ellen Huet examines the frenzy arou
OpenAI Part2: Ilya Dreams of AGI
OpenAI Part2: Ilya Dreams of AGI Jun 6, 2024 2113 OpenAI employees were motivated by the dream of building an artificial general intelligence, which could think and solve problems like a human mind. In reality, they sometimes spent their days building bots that played video games. But new research allowed the company to create increasingly powerful AI models, giving them a lead in the AI race. Meanwhile, a power struggle between Sam Altman and El
OpenAI Part 1: The Most Silicon Valley Man Alive
OpenAI Part 1: The Most Silicon Valley Man Alive Jun 6, 2024 2360 Sam Altman, CEO of OpenAI, shot to tech stardom with the release of ChatGPT. His company is one of the most valuable startups in the world, and he is treated like an ambassador for the AI future, zipping around the globe, meeting with world leaders. But how did he amass so much power? In this episode, reporter Ellen Huet looks at Altman’s rise and his penchant for forming close bonds with powerful

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